Layer Pads Market Latest Study On Segmentation Analysis, Industry Trends & Forecast to 2030

The latest research report offers a detailed look at the global layer pads market. Analysts anticipate that the global market is projected to register a CAGR of 6% during the forecast period of 2020 and 2030. The market stands to benefit as the global consciousness shifts towards usage of recyclable materials. TMR provides a comprehensive understanding of the drivers and restraints present in the market to help the readers analyze the path it is likely to take.

According to the report, uptake of sustainable materials and reduction in the usage of plastic have played a key market in fueling the growth of this market. Exceptional awareness about use of eco-friendly materials for packaging as waterbodies and aqua life continues to choke with plastic and other non-biodegradable materials has benefited the market.

These intensifying sentiments are expected to spur the growth of layer pads across various end-use industries such as consumer goods, pharmaceuticals, cosmetics, and food and beverages amongst others.

TMR predicts that the food and beverage industry will lead the global layer pads market. The increasing sales of alcoholic and non-alcoholic beverages will lead a mammoth demand for layers pads as these are often packed in glass bottles.

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The market is also likely to be driven the cosmetics and personal care industry, which constantly required safe packaging solutions to ship products over long distances. Growing trend of packaging cosmetic products in glass containers is expected to create a steady demand for layer pads in the coming years.

Global Layer Pads Glass Market Dynamics

The demand for layer pads glass is expected to surge in the coming years as packaging solutions undergo a major overhaul. The unprecedented rise of e-commerce and incessant shipping of goods across nationally and internationally has created a huge demand for safe packaging solutions. For the same purpose, a multitude of sellers on e-commerce platforms are projected to make abundant use of layer pads to ensure the product reaches safely to the eventual buyer.

Thus, the increasing penetration of smartphones, access to internet, and growing demand for shopping from the convenience of homes will boost e-commerce, directly creating a positive impact on the global layer pads market.

Global Layer Pads Market: Region-wise Analysis

North America and Western Europe dominate the global layer pads market as the awareness about not using plastic is relatively high in the regions. The stringent waste disposable norms in Western Europe have significantly promoted the use of layer pads in recent years.

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The same can be said about North America where consumers are consciously focusing on making sustainable living choices. However, the report predicts that Asia Pacific layer pads market will flourish too as the region boasts a massive consumer goods and electronics industry, which is always in need of better packaging solutions.

Layer Pads Market: Key Players

Some of the key players operating in the global layer pads market are Smurfit Kappa Group, DS Smith Plc, Dufaylite Developments Ltd, Melmat, Inc, Spartan Paperboard Co., M & M Box Partitions Co., American Container Concepts Corp., Parkside Packaging Limited, KARTON S.p.A, DA Pak, and Weedon Group Ltd. etc.

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Agriculture Tire & Tire Cord Market Latest Study On Segmentation Analysis, Leading Players & Industry Trends Forecast to 2030

According to the report, the global agriculture tire & tire cord market is projected to surpass US$ 14.9 Bn by 2030, expanding at a CAGR of ~5% during the forecast period, owing to rise in mechanization rate of farming and increase in use of tractors across the globe. Developing countries depend heavily on agriculture, and their growing populations are fueling the demand for high farm yield.

Consequently, governments and international organizations have been initiating various schemes to promote mechanization in the agriculture sector. China, India, and the U.S. hold a key share of the agriculture tire & tire cord market globally, owing to the presence of a larger number of in-use tractors and high sales of new tractors in these countries.

Expansion of Agriculture Tire & Tire Cord Market

Population boom around the world is boosting the demand for better agriculture yield, which is a key factor propelling the global agriculture tire & tire cord market. Attractive financing options on purchase of new tractors and subsidies on agricultural tractors and equipment by governments are driving the demand for agriculture tires.

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Government stimulus such as Common Agriculture Policy (CAP) by European Union (EU) for EU member countries, funding by Food & Agriculture Organization (FAO) & other African food organizations in Middle East & Africa are providing financial support to develop and help purchase agriculture machinery for farms in these regions, which in turn is estimated to propel the agriculture tire & tire cord market. Rapid urbanization and economic expansion have fueled the demand for utilization of harvesters, combines, and tractors. The shift from subsistence to larger commercial farming has necessitated the use of tractors, which in turn is boosting the demand for agriculture tires.

Regional Analysis of Agriculture Tire & Tire Cord Market

In terms of region, the global agriculture tire & tire cord market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held a leading share of the global agriculture tire & tire cord market with China and India witnessing significantly high sales of tractors and a large number of tractors in use.

North America accounted for a considerable share of the global agriculture tire & tire cord market in 2019, owing to high rate of mechanization of farms in the U.S. and consumer awareness about periodic replacement of tires. The market in Middle East & Africa is projected to expand at a notable growth rate during the forecast period, owing to an increase in income among farmers and government subsidies boosting the adoption of agricultural machinery, which, in turn, is driving the demand for agriculture tires.

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Prominent players operating in the global agriculture tire & tire cord market include Balkrishna Industries Limited (BKT), Bridgestone Corporation, Continental AG, MICHELIN, Mitas, China National Rubber & Tire Co., Titan International, Inc., Trelleborg AB, Sumitomo Rubber Industries Ltd., and Pirelli & C. S.p.A.

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Premium Self-tanning Products Market Overview, Cost Structure Analysis, Growth Opportunities And Forecast To 2030

Transparency Market Research delivers key insights on the global premium self-tanning products market. In terms of revenue, the global premium self-tanning products market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global premium self-tanning products market report.

In this market report, TMR predicts that the exponential growth in the spending power of the middle class population across developing countries, popularly trending as Premiumization, is anticipated to have an affirmative impact on the premium self-tanning products market.  Consumers in developing economies such as India, Brazil, and China are becoming more attracted to luxury brands and are willing to pay extra for the superior quality products.

Premiumization of self-tanning products, in term of efficacy and environment friendliness, is anticipated to be a key factor in the upcoming years. Sustainability and awareness regarding the environment is anticipated to have noteworthy influence on the decisions regarding type of materials and active ingredients used to make both the product as well as packaging. The ability of market participants to efficiently meet the expectations of their eco-friendly consumers is likely to drive the premium self-tanning products market in the forthcoming years.

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In terms of type, the premium self-tanning products market has been segmented into facial self-tanners and body self-tanners. During the forecast period, the market is anticipated to be dominated by the body self-tanning products segment. In the report, based on form, the premium self-tanning products market has been segmented into gel, lotion, spray, oil, cream, and others.

Based on ingredient, the premium self-tanning products market has been bifurcated into natural and organic. The organic segment is anticipated to expand at a significant growth rate during the forecast timeline.

In terms of gender, the premium self-tanning products market has been categorized into male, female, and unisex. The male segment is anticipated to expand at a higher pace. In terms of distribution channel, the premium self-tanning products market has been divided into online and offline. During the forecast period, the online distribution channel of the premium self-tanning products market is anticipated to expand quickly. Asia Pacific has seen a surge in the adoption of e-Commerce among consumers, which, in turn, has increased online retail sales of premium self-tanning products.

Premium Self-tanning Products Market: Prominent Regions

Geographically, Europe led the premium self-tanning products market in 2019 and the region is expected to retain its dominance during the forecast period. The U.K. and France are considered the major markets for premium self-tanning products in Europe. In addition, North America and APAC are also projected to offer promising growth opportunity for the premium self-tanning products market. Apart from Asia Pacific, South American provinces also significantly contribute to the overall growth of the global premium self-tanning products market.

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Premium Self-tanning Products Market: Key Players

The premium self-tanning products market is highly fragmented with leading players accounting for nearly 35% of the revenue share. Key players operating in the global premium self-tanning products market include Luna Bronze, REBLX, TAN-LUXE, Josie Maran Cosmetics, PZ Cussons Beauty LLP, Tan Towel International Pty Ltd, James Read, Inc., Islestarr Holdings Limited, Dr. Dennis Gross Skincare LLC, and Lancome.

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Vehicle Roadside Assistance Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2027

Vehicle roadside assistance refers to a service helping the driver of a vehicle during the breakdown of the vehicle. Vehicle roadside assistance solutions provide on-site help to the owners or drivers with basic support. This basic support comprises misplaced or lost keys (lockout service), flat tire support, on-site minor mechanical and electrical repair, fuel delivery service, and battery jump start. It is simply an effort by professionals of the automotive industry to solve minor issues of a vehicle during a breakdown. The global vehicle roadside assistance market is expected to observe rapid growth due to increased production of automobiles all over the world.

Some of the key companies mentioned in the this report on global vehicle roadside assistance market comprise TVS Auto Assist India Limited, Falck A/S, Allianz Global Assistance, Twenty Four OTR Pvt Ltd, Viking Assistance Group AS, Good Sam Enterprise, LLC, ARC Europe SA, and SOS International A/S.

Utilizing extensive research methods, Transparency Market Research presents an all-inclusive study on the global vehicle roadside assistance market, for the period 2019 to 2027. The report estimates that the global vehicle roadside assistance market is likely to register growth at 4% CAGR.

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Europe to Emerge as a Prominent Region over the Forecast Timeframe, from 2019 to2027

The global vehicle roadside assistance market is segmented into the principal regions of North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. Considering region-based segmentation of the global vehicle roadside assistance market, it is likely that Asia Pacific is going to emerge as highly lucrative region during the timeframe of assessment, from 2019 to 2027.

The vehicle roadside assistance market is likely to observe considerable growth in Europe as well. There has a substantial rise in sales and vehicle registrations in Europe. With the increased number of automotives plying on the road, more breakdown could be observed, which is likely to stimulate growth of the Europe vehicle roadside assistance market during the tenure of assessment.

Apart increased sales of vehicles, extremely cold climatic conditions coupled with easy availability of such services on the roads of Europe, it is likely that market will register robust growth in forthcoming years.

Rise in Aging Automotive Stimulates Growth of the Market

A considerable rise in the aging automotive, which is more likely to witness breakdown on the roadways is expected to support growth of the global vehicle roadside assistance market in forthcoming years. Aging vehicles are prone to witness frequent mechanical and electrical problems and are more likely to demand this service. Furthermore, use of an app-driven services leads to quick response and minimization of response period for assistance. Such app-based services are likely to accelerate demand for vehicle roadside assistance solutions.

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Increase in production of vehicles has resulted in road collisions and traffic jams, which has led to increased government effort to offer these services. This factor is likely to support expansion of the size of the global vehicle roadside assistance market in foreseeable future.

The information shared in this review is based on a TMR report, bearing the title, “Vehicle roadside assistance market (Service – Towing, Tire Replacement, Fuel Delivery, Jump Start/Pull Start, Lockout/ Replacement Key Service, Winch, Battery Assistance, and Trip Routing/ Navigational Assistance; Provider – Auto Manufacturer, Motor Insurance, Independent Warranty, and Automotive Clubs; Vehicle – Passenger Vehicle and Commercial Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 to 2027”.

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Electric Motorcycle and Scooter Market Report | Opportunity Analysis and Industry Forecast 2027

Electric motorcycles and scooters refers to two or three wheeled plug-in electric vehicles. The electricity that runs the vehicle is stored a rechargeable battery on the board. This rechargeable battery drives one or more electric motors. A surge in the government investment across the globe for the purpose of development of charging infrastructure and offering of incentives to buyer is boost the global electric motorcycle and scooter market. Such initiatives by the government will are likely to encourage original equipment manufacturers to expand their geographical presence.

Fushida, Gamma Technologies, Energica Motor Company S.p.A., Lima Electric Vehicle Co. Ltd., Shandong Incalu Electric Vehicle Co. Ltd., Mahindra & Mahindra Ltd., and Wuxi Yadea Export-Import Co., Ltd. are some of the companies profiled in the global electric motorcycle and scooter market.

Transparency Market Research (TMR) has prepared a study on the global electric motorcycle and scooter market, for the period 2019 to 2027. Expanding at a 7.1% CAGR, the global electric motorcycle and scooter market is estimated to surpass US$ 14.29 Bn through 2027.

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Driven by Large-Scale Manufacturing of Electric Vehicles, China to Lead the Market

In terms of region, the Asia Pacific is estimated to exert dominance over the global electric motorcycle and scooter market. Such regional supremacy of Asia Pacific is primarily due to the large-scale manufacturing, sale, and adoption of these products in China. The country alone has emerged as a leader in the global electric motorcycle and scooter market.

A rise in the emission together with government norms regulating the emissions in the environment is likely to encourage growth of the market in China. In addition to that, Chinese government is also offering subsidies, which has led to a rise in the adoption of these electric vehicles, thereby driving growth of the electric motorcycle and scooter market in the country.

Other major countries in Asia Pacific with growing adoption of two-wheeled electric motor vehicles are Taiwan, Japan, and India.

Low Noise and Rapid Improvement in the Performance to Stoke its Demand

Electric motorcycle and scooters are substantially quieter than existing scooters and motorcycles that run of traditional power systems. These vehicles are so very silent that pedestrians are often caught unaware of their presence on road. As such, the low-noise feature of the vehicle is likely to propel growth of the global electric motorcycle and scooter market. At present, most of the electric motorcycles and scooters are encouraged by operated by rechargeable lithium-ion batteries and sealed with lead acid batteries.

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Growing demand for alternative and clean fuels for various means of transport has emerged as growth factor for the global electric motorcycle and scooter market. These vehicles are quiet and lightweight when compared to vehicles running on traditional fuels.

In addition, the performance of such electric vehicles has witnessed rapid improvement since its inception. The performance is anticipated to improve further with the advancement of technology and its rapid adoption by the electric vehicle industry. Factors such as these are likely to shape the future of the global electric motorcycle and scooter market in the years to come.

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Wheelchair Accessible Vehicle Converter Market Size & Share to See Modest Growth Through 2027

According to the report, the wheelchair accessible vehicle converter market is expected to expand at a CAGR of ~6% during the forecast period, owing to an increase in the demand for mobility among the population with disability. The U.S., Japan, the U.K., Germany, Canada, ANZ, France, and Italy are key countries in the wheelchair accessible vehicle converter market. The global wheelchair accessible vehicle converter market is mature in developed countries and is at the nascent stage in developing countries.

Expansion of Wheelchair Accessible Vehicle Converter Market

Government organizations in the U.S. and Canada, such as United States Department of Veterans Affairs, provide finance assistance to covert/purchase wheelchair accessible vehicles, thereby boosting the wheelchair accessible vehicle converter market. Governments in other countries, such as China, Japan, and a few in Europe, are encouraging mobility of people with disability by investing in wheelchair-friendly infrastructure and offering grants to buy wheelchair accessible vehicle.

Increased demand for mobility among people with disability, globally, along with an increase in employment opportunities and education among them is driving the wheelchair accessible vehicle converter market.

In terms of entry configuration, side entry and rear entry segments hold nearly equal share of the global market. Side entry vehicles are highly preferred in North America, and the high volume sales of wheelchair accessible vehicles in the region contributed to the significant share held by the side entry segment of the global market.

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Rear entry wheelchair accessible vehicles are cost-effective, as compared to side entry ones. Cost of conversion of the vehicle into a side entry accessible vehicle is higher, as the side modification is labor intensive. Rear entry wheelchair accessible vehicles are preferred in Europe, Latin America, Middle East & Africa, and most of Asia Pacific.

Based on mode of entry, the ramps segment held a leading share of the wheelchair accessible converter market. The ramps are available as manual, foldable, and power ramps, and are widely used due to its cost-effective nature and robust design, which enables easy mounting and alighting from the vehicle. The lift mode of entry requires installing the lift into the vehicle body to mount and dismount the wheelchair from the vehicle. Lifts allow more comfortable entry into the vehicle and in limited space. The lift is the new technological advancement in design of the wheelchair accessible vehicle and is anticipated to record high growth during the forecast period.

Regional Analysis of Wheelchair Accessible Vehicle Converter Market

In terms of region, the wheelchair accessible vehicle converter market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America held a prominent share of the global market in 2018. It is anticipated to lead the wheelchair accessible vehicle market during the forecast period, owing to the presence of a large number of wheelchair users in the North America region and active government support to promote mobility demands of people with disability.

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Europe held a significant share of the wheelchair accessible vehicle converter market, owing to high demand in the U.K. and Germany. The wheelchair accessible converter market is matured in developed regions and countries such as North America, Europe, Japan, and ANZ.

Prominent players operating in the wheelchair accessible vehicle converter market include Kirchoff Mobility, Brotherwood Automobility Limited, Braun Corp. of Winamac, Ind., Vantage Mobility International, Freedom Motors USA, Rollx Vans, GM Coachwork Ltd., AMS Vans, LLC, Universal Motions, Allied Mobility, Growings Mobility Group Limited, Sirius Automotive Ltd., Autech Japan, Inc., Savaria, and Tripod Mobility.

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Power Banks Market: Key Players and Production Information Analysis with Forecast 2027

According to a new market report published by Transparency Market Research titled “Power Bank Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027,” the global power bank market is expected to reach a value of US$ 15,994.6 Mn by 2027. The market is estimated to expand at a CAGR of 6.5% during the forecast period from 2019 to 2027. Based on volume in units, the market stood at around 376.7 million units in 2018. In terms of region, Asia Pacific acquired greater share in the power bank market in 2018. Asia Pacific is one of the biggest manufacturing hubs of electronic devices such as Bluetooth speakers, smartphones, iPads, etc.

Manufacturers such as Mi-Corporation manufacture several devices such as smartphones and wireless earphones along with the power banks. Presence of such players in the region who provide cost effective products help consumers to demand power banks. India and China are the two prominent countries in the region with huge population. Growth in smartphones has fueled the growth in demand for power banks.

Rise in demand for easy and convenient charging options has helped global manufacturers to innovate with the product and to make lightweight and high charging capacity power banks. The development of smart devices has helped in driving demand for power banks. Innovations by manufacturers have also led to increased demand for the product. However, smartphones having high capacity batteries and efficient chipset in the device is the restraint which can affect the demand for power banks.

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Based on product type, portable power banks dominated the market in 2018 and were valued at US$ 4,152.4 Mn at a CAGR of 6.4%. The dominance of this segment was due to easy to carry power source coupled with wide availability.

In terms of power rating, the 5,000 mAh – 12,000 mAh segment dominated the market in 2018 due to more consumer acceptance at an affordable price. Based on battery type, lithium ion battery dominated the market in 2018 due to its durability and easy availability. By port type, power banks having type C charging port has the highest market share due to wide popularity of Type C charger among manufacturers as well as consumers.

Based on application, the smartphone segment dominated the market due to growing demand for smartphones worldwide. Electric source of charging dominated the market in 2018 due to the more convenient option for charging power banks and easy accessibility to electricity as compared to other segments.

By distribution channel, the offline segment dominated the market due to preference of customers to check and compare the products physically. By region, the market in Asia Pacific is forecasted to expand at a high growth rate due to focus on more cost effective solutions. Consumers in China, India, and Thailand prefer buying low cost power banks.

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Prominent players in the power bankmarket include GP Batteries International Ltd, EasyAcc.com, Inc., Maxell Holdings, Ltd., Anker Technology Co. Limited, Braven LC – INCIPIO Technologies, Inc., IEC Technology, LLC, Apacer Technologies, Inc., Panasonic Corporation, Mophie, Inc, RavPower, MiPow Limited, Samsung Electronics Co., Ltd., Goal Zero Corporation, Sony Corporation, and Xtorm.

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